One popular child's toy sells for $39.99. Your store consistently sells 4,500 units of this toy year after year. The fixed costs to order more of this toy are $65 and the carrying costs are $1.45 per toy. What is the economic order quantity?
A) 635 units
B) 648 units
C) 653 units
D) 667 units
E) 691 units
Correct Answer:
Verified
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